Thread: Brexit (Old)
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Old 10-02-2019, 13:37   #7504
1andrew1
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Re: Brexit

Quote:
Originally Posted by Damien View Post
I don't see how Brexit helps these local factories though. We've already seen Nissan reduce their investment and even if you don't think Brexit was the prime motivation it's worth pointing out that it's now easier for them to trade with the EU from Japan than it is the UK. Adding tariffs to imports and exports is not going to encourage outside investment from outside the UK, we're not making this a cheaper country with which to do business until such a time that we make up all the existing trade access we've got now.

Dyson is an advocate of leaving but when it comes to business he isn't investing in post-Brexit Britain either.

People blamed the EU for globalisation (which obviously it is ultimately part of) but these are processes that are happening anyway.

If people were (rightly) angry at previous governments for letting these things happen then what will happen to those who sold Brexit as a way to revitalise British manufacturing? And when it comes down to it how confident are you that the governments of the future will focus on those industries as opposed to the banking sector when it comes to trade deals with the United States and the rest?
Worth making the point here that Economists for Brexit has stated that Brexit will lead to the end of manufacturing in the UK. https://www.chroniclelive.co.uk/news...leave-11269819
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